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Merkel's caution has made Germany the great economic underachiever of our times

By Muhammad Ali Nasir, Associate Professor in Economics and Finance, University of Huddersfield
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Germans are taking to the polls on September 26 to elect the members for the 20th Bundestag. For the first time in 16 years, there will be a new chancellor as Angela Merkel steps down. Germany has been through some enormous challenges during her tenure, including the global financial crisis, European sovereign debt crisis and the COVID-19 pandemic, and many commentators have praised her quiet efficiency.

The…


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